Food Experts Discuss Commodity Volatility and Food System Resilience
What happened
At Newsweek’s The Future of Food and Agriculture Forum in New York City, experts discussed the challenges facing global food systems. Florence Henry, global head of sustainability at Nestle, noted that erratic weather and water issues are major problems for farmers. Dominique Lawrie, global head of sustainability at Bunge, highlighted that input prices, such as fertilizer and diesel fuel, are increasing significantly. Lawrie also stated that commodity price volatility makes it difficult for farmers to decide when to invest or sell.
From newsweek.com
Why it matters
The discussion pointed to increasing costs for agricultural inputs and the difficulty farmers face due to commodity price swings. Experts suggested that regenerative agricultural strategies could help improve soil health, boost yields, and lower costs for producers.
From newsweek.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AccuWeatherSpeculative
AccuWeather might see increased demand for weather risk analysis due to erratic weather events.
- GasBuddySpeculative
GasBuddy might see increased demand for its core market data because of rising diesel fuel costs.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Viterra may face pressure from rising input costs and sustainability demandsViterra may face pressure from rising input costs and sustainability demandsPossible
- Global food system challenges may impact Europe's agricultural costsGlobal commodity price volatility may increase operational costs for European farmers.Possible
- Commodity volatility and sustainability trends may reshape ADM's sourcingCommodity volatility and sustainability trends may reshape ADM's sourcingPossible
- Erratic weather challenges may boost demand for AccuWeather servicesErratic weather challenges may boost demand for AccuWeather services.Possible